Notes on VIP

Fintech is financial technology.  Fintech is big brother to cryptocurrency. Crypto needs blockchain to exist.

Blockchain is data, data that computes financial information. the data falls under OLAP. Online Analytical Process. 

Money is a tool, not a goal.

  triangle: time, money, freedom.  the more we invest our money, the more time we buy back. the more freedom we acquire.

That has to be a point that we have to have more time than money. how do i buy back my time? have more money. 

 financial technology will take place of the money and put us in a position where we can create more money than we can work for. It's the future, it will give us the opportunity to print more money than we can work for. if we can print more money, we can buy back as much of the time as we want. x

We have can put the money back in the machine that buys us more time. i'm trying to tell you!! that's it!!!

Affirm up 231 percent in one year. whoa . average market is up 10 percent. new industry with new companies that 11 months up 231 percent. SoFi 107 percent is up. Coinbase in 3 months, 35 percent. Marqeta. MQ is ticket symbol. 

We know paypal and square, big dog. 5 years 1800 percent up.

Who trust their bank? idk.  Capital One is cool. 

Fintech doesn't have overhead like the banks. there's no fees where there is no overhead. fintech will get trust and value. only objective. trying to get fico out of business. my credit! upstart goal is to get rid of fico, you don't need credit. 

We gotta understand how the market works. it will sell you at a higher price or at a discount. our goal for us is to know where to buy it at. 

Patience will lead you to glory. Stock market always rewards patience. 

Paypal is good to invest in, visa and mastercard get overperformed by american express so i don't like those. Square is on a spree of buying their competitors.  Fan of both, paypal and square. 

When you change something, there is a lot of mistakes. newsflash, lot of mistakes along the way. part of the process. you want the end result so bad.  It don't matter what the process looks like in the middle.